Jun 19, 2024

There are lots of different ways to finance a new car. If you’re seeking car financing in the form of a loan, then you could seek that loan through banks, credit unions, online lenders, or your Nissan dealer. Because of the huge number of benefits that come with it, dealership financing is often the best choice.

Buying a Car

If you’re looking to buy a car, then you can seek financing right through your local dealer. The process is simple. You fill out a form, it gets sent off to multiple lenders, and then the dealer tells you about the offers. It’s pretty much the same as seeking financing through a bank or credit union, but there are many more benefits that come with it, which we’ll explore later.

Buying a car lets you own that car and do whatever you want with it. You can customize it, and one day, you’ll finish paying it off and have no monthly car payments for several years until it’s time to buy a new car again.

Leasing a Car

Another way to finance your new car is by leasing instead of buying it. When you lease a car, it’s similar to getting financing, because you have a monthly payment. However, you give the car back after a certain period, and then you either lease another one or buy your next car.

When you lease a car, you get the car during the best years of its life, and sometimes it’s more cost-effective than purchasing the vehicle. Plus, you get a new car every couple of years without having to get a loan.

Why You Should Seek Car Financing From Your Dealer

It’s Great for People with No Credit

When you have a low credit score, it can be very difficult to get a loan from a bank, credit union, or online lender. However, dealers understand the hardships people with poor credit face when seeking loans, so we make it easier to qualify for a loan with us even if you have poor credit.

It’s Beneficial for People with Great Credit

When you have great credit, it’s sometimes possible to qualify for special promotions dealers occasionally run. These promotions allow you to get financing with really low interest rates and, sometimes, no interest at all.

It’s Incredibly Convenient

Shopping around different lenders can be tiresome, and you don’t have to do that when you seek financing through your dealer. We do all the work for you by sending your application to multiple different lenders, so there’s very little paperwork and not much time spent looking for a loan.

Whether you’re looking to lease a car or get a loan, you can do it at our dealership. Visit Nissan of Bowie in Bowie, MD today.